Metal_Mind's Blog

Avatar

NZD/CAD- Strengthens further more !

  • Charts: 4 H,1 Day
  • Elements used: CCI, Support & Resistance
  • Current Level : 0.9515
Read full story
Translate to English Show original
Metal_Mind avatar
Metal_Mind 14 Apr.

UPDATE 1: The pair is trading at 0.9376 which is over 300 pips from target. I was a bit to bullish on the kiwi but still with half a month things can go very well. We shall have to wait and see.If the current reatracents finds a supports and develop a higher low there are high chances to narrow the deviation.

Metal_Mind avatar
Metal_Mind 18 Apr.

UPDATE 2: As said in previous update i was expecting a higher low  which formed 2 days ago on  the 0.9297 level .The new formed support was strong and from there the price action jumped over 100 pips in that day. I may say that the current outlook is definitely very good . We would probably see a 270 to 300 pips ascent  and afterwards a retracement which could be exactly what needed to hit my target.

Metal_Mind avatar
Metal_Mind 30 Apr.

UPDATE 3 : The prediction is  very far from target.

orto leave comments
Avatar

EUR/AUD-Aussie fall boosted by RBA !!!

  • Charts: 1 Day,1 Week
  • Elements used: Fibonaci Fan Lines,Fibonacci Retracements,RSI,.
  • Current Level : 1.4469
Read full story
Translate to English Show original
orto leave comments
Avatar

USD/JPY-Bullish dollar backed by taper ?

Charts: 4Hours, 1 Day.
Elements used: Fibonacci Retracements,MACD, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 102.12

USD/JPY after last month reaching an high at (105) level has begin retracing to (102) price level , which lasted most of January.The dollar hited a 1 month low.The current price level hit fibonacci retracement level 38.20%(102.20) and from my point of wiew i think this is the start of the bullish trend. I base my analysis both tehnically but most important
Read full story
Translate to English Show original
Metal_Mind avatar
Metal_Mind 26 Feb.

UPDATE 1: Current price level is 102.35 which is very far from target and fairly looks unrecheble by the end of the month.

Metal_Mind avatar

UPDATE 2: Current deviation is over 250 pips bellow my target.

orto leave comments
Avatar

EUR/NZD KIWI is awaiting RBNZ decision.

Charts: 1 Day,1Week.
Indicators
: Fibonancci Fan Lines 1W Time Frame ;Fibonacii Retracements ;Support & Resistance Levels,RSI,EMA200,100,50.
Current Level : 1.6315
EUR/NZD bullish attempt stumble upon the resistance level of (1.7293) Fibonacci Retracement 23.60% , from which we can see very cleary that has formed a new bearish trend,which is backed up by Fibonacci Fan Lines 1 Week as can be seen on the chart in the highlighted area.Recent fundamental news also push the kiwi higher and high
Read full story
Translate to English Show original
HOANG_MAI_NHI avatar

like+1

Furian avatar
Furian 10 Oct.

agree

Metal_Mind avatar
Metal_Mind 22 Oct.

UPDATE 1 : The trend direction is correct but i kinda overestimated the target. The cuurent level is 1.6170, which is 500 pips away from target. The direction is excelent but the predicted level is very far and may be reached in two months from what i see on the charts.

Metal_Mind avatar

UPDATE 2: The price level current level is currently at 1.6425. Very Wrong prediction ,over 1000 pips far.

orto leave comments